Senator Burr’s Brother-In-Law Ordered to Testify About Covid Stock Trades

U.S. Senator Richard Burr’s brother-in-law was ordered by a federal judge to testify in a Securities and Exchange Commission investigation into stock sales by the two men just before the onset of the coronavirus pandemic.

Gerald Fauth, the brother-in-law, spoke to North Carolina Republican Burr on the day of the stock sales, according to an SEC court filing, with Fauth selling shares minutes after their call ended. The SEC is investigating whether the sales were informed by classified briefings about the virus that Burr received as then-chair of the Senate intelligence committee.